ZPAS (Zoompass Holdings) Debt-to-Equity: -0.50 (As of Dec. 2020)


What is Zoompass Holdings Debt-to-Equity?

Zoompass Holdings ZPAS -42.11% Debt-to-Equity is -0.50 as of Dec. 2020.

Zoompass Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2020 was $0.77 Mil. Zoompass Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2020 was $0.65 Mil. Zoompass Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2020 was $-2.81 Mil. Zoompass Holdings's debt to equity for the quarter that ended in Dec. 2020 was -0.50.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Zoompass Holdings's Debt-to-Equity or its related term are showing as below:

ZPAS's Debt-to-Equity is not ranked *
in the Software industry.
Industry Median: 0.19
* Ranked among companies with meaningful Debt-to-Equity only.

Zoompass Holdings  (OTCPK:ZPAS) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Zoompass Holdings Debt-to-Equity Related Terms

Zoompass Holdings Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Zoompass Holdings's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Zoompass Holdings Debt-to-Equity Chart

Zoompass Holdings Annual Data
Trend Mar15 Mar16 Dec17 Dec18 Dec19 Dec20
Debt-to-Equity
Get a 7-Day Free Trial -1.22 -1.54 0.00 0.00 -0.50

Zoompass Holdings Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 -0.09 3.68 -0.50

ZPAS vs GVP, BSQR, FALC: Debt-to-Equity Comparison

For the Software - Infrastructure subindustry, Zoompass Holdings's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Zoompass Holdings Debt-to-Equity vs Software Industry

For the Software industry and Technology sector, Zoompass Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Zoompass Holdings's Debt-to-Equity falls into.


Zoompass Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Zoompass Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(0.766 + 0.651) / -2.81
=-0.50

Zoompass Holdings's Debt to Equity Ratio for the quarter that ended in Dec. 2020 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(0.766 + 0.651) / -2.81
=-0.50

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of -0.50 mean?
Zoompass Holdings (ZPAS) has a Debt-to-Equity of -0.50 as of Dec. 2020. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Zoompass Holdings and its competitors.
Is Zoompass Holdings' Debt-to-Equity too high?
Zoompass Holdings' current Debt-to-Equity is -0.50.
How does Zoompass Holdings' Debt-to-Equity compare to GVP and BSQR?
Zoompass Holdings' Debt-to-Equity of -0.50 can be compared against companies in the Software industry. The industry median Debt-to-Equity is 0.19. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Software company?
The median Debt-to-Equity among Software companies is 0.19, based on 2,239 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Zoompass Holdings and its competitors. For the Software industry, the median Debt-to-Equity is 0.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zoompass Holdings's current Debt-to-Equity is -0.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zoompass Holdings stock overvalued right now?
Zoompass Holdings (ZPAS) has a current Debt-to-Equity of -0.50. The current Debt-to-Equity is -0.50. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Zoompass Holdings (ZPAS), the current Debt-to-Equity is -0.50 as of Dec. 2020. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Zoompass Holdings Business Description

Address 2455 Cawthra Road, Suite 75, Mississauga, ON, CAN, L5A3P1
Zoompass Holdings Inc is a Fintech company that develops and acquires software platforms and services. The firm offers Prepaid cards, Mobility solutions, cryptocurrency platform operations, research, development, strategical planning solutions and others. The business operating segment includes the rendering of professional services. Main Business assets consist of technology IP related to cryptocurrency exchange/wallet, certain strategic partnerships and customer contracts. Substantial revenue accrues from time basis billing for IT professional services to customers.